No possibility to increase sugar price: Titu
Staff Correspondent
State Minister for Commerce Ahasanul Islam Titu has said there is no possibility of a short supply of sugar or a price hike in the market due to the fire in S Alam’s sugar mill or any other reason.
“I tell the businessmen, they should not try to exploit the crisis,” he said.
His remark came during the opening ceremony of the second phase of a sales campaign by the Trading Corporation of Bangladesh (TCB) on Thursday. The programme was held at Ward-24 of the Dhaka North City Corporation.
The TCB is selling five products, including dates, at a subsidised rate for one crore family cardholders across the country.
“I see in the news that there is an attempt to increase the price of sugar in one or two places, none of the traders should do so, because the price of sugar will not increase even at the mill gate.”
The sugar mill owners concerned have promised this to the Ministry of Commerce, he said.
Titu also pointed out that the government never wants to destroy the orderly environment of the supply chain and market with police and law enforcers.
“If the market has normal momentum, and it runs smoothly, I believe products will be available at a fair price. We are trying that. But if not, we will take all kinds of strict measures,” he warned.
